Paulo Guedes
Paulo Guedes | |
---|---|
Minister of Economics | |
In office 1 January 2019 – 1 January 2023 | |
President | Jair Bolsonaro |
Preceded by | Eduardo Guardia |
Succeeded by | Fernando Haddad |
Personal details | |
Born | Paulo Roberto Nunes Guedes 24 August 1949 PhD ) |
Occupation | Economist |
Paulo Roberto Nunes Guedes (born 24 August 1949) is a Brazilian economist and co-founder of the investment bank
Biography
Born in Rio de Janeiro, Guedes attended the
In 1983 Guedes was one of the co-founders of Banco Pactual, now
On October 2, 2018, the Federal Public Ministry (MPF) decides to probe Guedes on an accusation of fraud relative to the management of investment funds that were managed by him. Since 2009, those funds have received contributions amounting to one billion Brazilian Reals (BRL) from pension funds belonging to the Brazilian state including from funds of Previ, Banco do Brasil, Petros, Petrobras, Funcef, Caixa and Postalis (Brazilian Posts), that are being probed by several Federal Police task forces, including in the frame of Operation Greenfield, which activities focus on the investments in the Fundos de Investimentos nas Participações (FIP).[10][11][12] After having receiving funds from the BR Educational Fund, managed by Guedes, those were reinvested in a sole company, HSM Educacional S/A, that is also managed by Guedes. With the moneys HSM Educational bought 100% of another company, also managed by Guedes: HSM do Brasil S/A. The goodwill (acquisition gap corresponding to the excess over the real value of the company paid to buy it) amounted to 16,5 million Brazilian Reals. After the buyout, HSM do Brasil S/A started having recurring losses. According to the Public Prosecutor Office, the state owned pension funds that were mobilized by the Investment Funds managed by Guedes have lost 200 Million Dollars.[13]
Guedes has denied wrongdoing and said the investigation is politically motivated and "meant to confuse voters".[14][15] In December 2018 the Federal Police accepted the MPF's request to open an investigation into Guedes's practices regarding pension funds.[16]
In October 2021, his name is mentioned in the Pandora Papers.[17]
Politics
Guedes has never been affiliated with a political party,
In 2018 Guedes was named as the economic advisor for the
Guedes was confirmed as Bolsonaro's pick to head the
See also
References
- ^ Ayres, Marcela (31 August 2018). "O que pensa Paulo Guedes, o cérebro econômico de Jair Bolsonaro". Exame. Archived from the original on 10 October 2018. Retrieved 9 October 2018.
- ^ "Quem é Quem". Ministério da Economia (in Brazilian Portuguese). Retrieved 2023-01-03.
- ^ a b c Takar, Téo; Temóteo, Antonio (26 September 2018). "PhD de personalidade forte e especulador: Paulo Guedes, o guru de Bolsonaro". UOL. Retrieved 9 October 2018.
- ^ a b Mena, Fernanda (9 October 2018). "Economista de Bolsonaro, Paulo Guedes viveu mudança radical em Chicago". Folha de S. Paulo. Retrieved 15 October 2018.
- ^ a b Bloomberg profile, accessed 9 October 2018
- ^ a b c Paulo Guedes, o liberal do militar, Veja, accessed 9 October 2018
- ^ Bio, Localiza, accessed 16 October 2018[permanent dead link]
- ^ Quem é Paulo Guedes, o ministro da Fazenda se Bolsonaro for presidente, InfoMoney, accessed 15 October 2018
- ^ "Após saída de Paulo Guedes, Bozano muda foco e nome". InfoMoney (in Brazilian Portuguese). 22 January 2019.
- ^ "Fundos de Investimento em Participações (FIP) | B3".
- ^ "MPF apura se economista da campanha de Bolsonaro cometeu irregularidades na gestão de fundos de investimento". 10 October 2018.
- ^ "Economic guru for Brazil's presidential front-runner faces fraud probe". Reuters. Archived from the original on 2022-12-01.
- ^ "Procuradoria adia depoimento de Paulo Guedes após pedido da defesa". 4 December 2018.
- ^ Economic guru for Brazil's presidential front-runner faces fraud probe, Reuters, accessed 15 October 2018
- ^ MPF apura se economista da campanha de Bolsonaro cometeu irregularidades na gestão de fundos de investimento, Globo, accessed 15 October 2018
- ^ PF abre inquérito para investigar elo de Paulo Guedes com suspeitas em fundos de pensão, G1
- ^ "Pandora Papers: Megavazamento de dados inclui Paulo Guedes e empresários brasileiros". BBC News Brasil.
- ^ Economista confirma aproximação com Bolsonaro, Estado de S. Paulo, accessed 9 October 2018
- ^ Reuters, accessed 9 October 2018
- ^ Ayres, Marcela (28 May 2018). "Advisor to right-wing Brazil candidate says privatize it all". Reuters. Retrieved 15 October 2018.
- ^ Occhi della Guerra, accessed 28 december 2018
- ^ Bolsonaro diz que se eleito não haverá espaço para indicações políticas nos ministérios, G1, accessed 16 October 2018
- ^ Salário Minimo, accessed 5 January 2019
- ^ Alves, Raoni; Matoso, Filipe (30 October 2018). "Ministério da Economia unificará Fazenda, Planejamento e Indústria, diz Paulo Guedes". G1. Retrieved 21 January 2019.